Square Enix and Obsidian Entertainment have come together to create Dungeon Siege 3, Square announced in a press release Monday. As developer, Obsidian will receive input from the franchise’s original developer, Gas Powered Games. Dungeon Siege 3 will be the franchise’s debut on high-def home consoles when it releases on the PC, Xbox 360, and PlayStation 3.

Creator Chris Taylor from Gas Powered Games said of his involvement:

It’s a great pleasure to collaborate with Obsidian. They are a very talented developer who really knows what it takes to build a deep and engaging RPG experience, and I can’t think of a better group to continue the DUNGEON SIEGE series.

The action-RPG will feature a single player campaign in addition to co-op multiplayer, complete with highly customizable character classes and recruitable companions. Players must face weighty decisions that will impact their alliances, enemies, and the narrative of the game.